What is 'Dead Cat Bounce' ?

 
Definition:

‘Dead Cat Bounce’ is a market jargon for a situation where a security (read stock) or an index experiences a short-lived burst of upward movement in a largely downward trend. It is a temporary rally in the price of a security or an index after a major correction or downward trend.

Description:

The term is borrowed from a phrase, which says “even a dead cat will bounce if dropped from a height.” A widely-used term in the investing world, it is often very difficult for analysts and traders to predict a dead cat bounce. 

Credit : EconomicTimes